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Commonly Asked Questions about Legal Document Revocation

revoke. v. to annul or cancel an act, particularly a statement, document or promise, as if it no longer existed. Thus, a person can revoke a will or revoke an offer to enter into a contract, and a government agency can revoke a license.
There are two main types of revocation: express revocation and implied revocation. By understanding both types and their specific requirements, you can better navigate contract negotiations and potential disputes.
Revoking an Offer Whoever makes an offer can revoke it as long as it hasnt yet been accepted. This means that if you make an offer and the other party wants some time to think it through, or makes a counteroffer with changed terms, you can revoke your original offer.
Section 6 of the Indian Contract Act, 1872 lays down the modes of revocation of an offer, which are revocation by communication from the offeror to the offeree before acceptance, revocation by lapse of time, revocation by failure of a condition precedent, and revocation by death or insanity of the offeror.
When revocation happens, a privilege, title, or status is removed from someone. If the library revokes your library card, you can no longer take out library books thats a type of revocation. If a restaurant is dirty, that could result in the revocation of its health license.
Revocation may be express or complied. For example A empowers B to let As house. Afterwards A lets it himself. This is an implied revocation of Bs authority.
An offer may be terminated through lapse of time, the death of the offeror or offeree, the failure of some condition or contingency, by rejection (or counter-offer), and by communication of a revocation of the offer. An offer may be revoked any time prior to its acceptance.
Revocation is an annulment or cancellation of a statement or agreement. In the context of contracts, revocation may refer to the offeror canceling an offer.